- But labour cost in real terms must include some
assessment of productivity. Labour cost per batch of finished
cotton meeting the required specification is always going to be more
meaningful than labour cost per hour.
|
Given the low productivity of the
workforce, this strength (relatively low labour cost) has not been exploited
fully by India.
Dr B K K Vanavarayar
|
2.5.8 Indias Presence across the Value Chain
Fig 2: The Value Chain in Textiles
India is one of the few countries which have a presence across the entire
value chain of the Textile and Apparel Industry.
A well defined strategy will enable Indias textile industry to shift focus to Value Added products.
The greatest value addition in the textile chain is
generated in the apparel segment.
|
Dyeing & Finishing is currently
among the weakest links in entire value added chain.
The Dyeing & Finishing segment is
critical, and determines the quality of the fabric / apparel.
Dr. B. K. K. Vanavarayar
|
2.5.9 Investment in the Indian Textile Industry
In order to achieve the vision, investments of US $ 36
billion will be needed within the period from 2004-2010.
These will be needed to modernise existing capacities, and
to create fresh capacity.
Over 36% of these will be required in the Dyeing and
Processing sector (Fig 3).
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